Standard Chartered : Results of AGM

RESULT OF AGM

RESOLUTIONS PASSED AT ANNUAL GENERAL MEETING

Wednesday 12 May 2021

Standard Chartered PLC (the 'Company') announces the result of voting on the resolutions at its Annual General Meeting ('AGM') held on Wednesday 12 May 2021, as set out in the Notice of AGM.

A poll was held on each of the resolutions and was passed by the required majority. Resolutions 1 to 23 were passed as ordinary resolutions. Resolutions 24 to 29 were passed as special resolutions. The results of the poll were as follows:

			Votes		Votes	Total	% of
Resolution	Votes For	%	%	Withheld	ISC
Against	Votes
					voted
1. To receive the Company's
annual report and accounts for
the financial year ended	609,538,852	99.65	2,142,527	0.35	1,195,862	611,681,379	78.44
31 December 2020 together with
the reports of the directors and
auditors.
2. To declare a final dividend of
US$0.09 per ordinary share for	612,093,837	99.88	730,828	0.12	52,576	612,824,665	78.59
the year ended 31 December
2020.
3. To approve the annual report
on remuneration contained in the
Directors' Remuneration Report	596,685,018	98.59	8,508,938	1.41	7,673,691	605,193,956	77.61
for the year ended 31 December
2020.
4. To elect Maria Ramos, an
independent non-executive	612,524,940	99.96	219,617	0.04	132,605	612,744,557	78.58
director.
5. To re-elect David Conner, an
independent non-executive	612,613,621	99.97	183,713	0.03	80,656	612,797,334	78.59
director.
6. To re-elect Byron Grote, an
independent non-executive	603,180,974	98.44	9,560,562	1.56	136,844	612,741,536	78.58
director.
7. To re-elect Andy Halford, an	612,370,639	99.93	432,966	0.07	74,780	612,803,605	78.59
executive director.
8. To re-elect Christine Hodgson,
CBE, an independent non-	602,835,750	99.54	2,799,162	0.46	7,243,470	605,634,912	77.67
executive director.
9. To re-elect Gay Huey Evans,
OBE, an independent non-	612,555,113	99.96	235,874	0.04	87,399	612,790,987	78.59
executive director.
10. To re-elect Naguib Kheraj, an				0.43	87,548	612,790,834	78.59
independent non-executive	610,168,899	99.57	2,621,935
director.
11. To re-elect Phil Rivett, an	610,170,782	99.57	2,613,969	0.43	93,629	612,784,751	78.59
independent non-executive
director.
12. To re-elect David Tang, an	612,610,005	99.97	178,117	0.03	90,341	612,788,122	78.59
independent non-executive
director.
13. To re-elect Carlson Tong, an	612,558,604	99.97	173,036	0.03	146,824	612,731,640	78.58
independent non-executive
director.
14. To re-elect José Viñals, as	592,330,407	97.41	15,750,855	2.59	4,797,112	608,081,262	77.98
Group Chairman.

			Votes		Votes	Total	% of
Resolution	Votes For	%	%	Withheld	ISC
Against	Votes
					voted
15. To re-elect Jasmine	610,132,113	99.57	2,659,434	0.43	86,833	612,791,547	78.59
Whitbread, an independent non-
executive director.
16. To re-elect Bill Winters, CBE,	612,509,039	99.97	196,318	0.03	173,029	612,705,357	78.58
an executive director.
17. To re-appoint Ernst & Young
LLP as auditor to the Company	608,043,361	99.22	4,774,589	0.78	60,512	612,817,950	78.59
from the end of the AGM until the
end of next year's AGM.
18. To authorise the Audit
Committee, acting for and on	612,492,490	99.95	325,492	0.05	60,479	612,817,982	78.59
behalf of the Board, to set the
remuneration of the auditor.
19. To authorise the Company
and its subsidiaries to make
political donations and incur	607,091,493	99.07	5,694,204	0.93	92,231	612,785,697	78.59
political expenditure within the
limits prescribed in the resolution.
20. To approve the 2021
Standard Chartered Share Plan
and authorise the Board to do	604,960,923	98.72	7,867,553	1.28	49,905	612,828,476	78.59
anything it considers necessary
or desirable for its
implementation and operation.
21. To authorise the Board to	594,777,133	97.09	17,853,650	2.91	247,594	612,630,783	78.57
allot ordinary shares.
22. To extend the authority to
allot shares granted pursuant to
resolution 21 by such number
of shares repurchased by the	595,583,468	97.47	15,428,068	2.53	1,866,846	611,011,536	78.36
Company under the authority
granted pursuant to resolution
27.
23. To authorise the Board to
allot shares and grant rights
to subscribe for or to convert any
security into shares in relation to	604,261,847	98.90	6,738,696	1.10	1,877,840	611,000,543	78.36
any issue by the Company of
Equity Convertible Additional Tier
1 Securities.
24. To authorise the Board to
disapply pre-emption rights in	606,899,574	99.33	4,082,895	0.67	1,895,914	610,982,469	78.36
relation to the authority granted
pursuant to resolution 21.
25. In addition to the authority
granted pursuant to resolution
24, to authorise the Board to
disapply pre-emption rights in	597,553,370	97.80	13,467,720	2.20	1,857,291	611,021,090	78.36
relation to the authority
granted pursuant to resolution 21
for the purposes of acquisitions
and other capital investments.
26. In addition to the authorities
granted pursuant to resolutions
24 and 25, to authorise the
Board to disapply pre-emption
rights in relation to the	600,953,095	98.35	10,054,442	1.65	1,870,747	611,007,537	78.36
authority granted, in respect of
Equity Convertible Additional Tier
1 Securities, pursuant to
resolution 23.

			Votes		Votes	Total	% of
Resolution	Votes For	%	%	Withheld	ISC
Against	Votes
					voted
27. To authorise the Company to
purchase its own ordinary	605,114,743	98.95	6,432,167	1.05	1,330,051	611,546,910	78.43
shares.
28. To authorise the Company to
purchase its own preference	610,465,766	99.82	1,081,957	0.18	1,330,735	611,547,723	78.43
shares.
29. To enable the Company to
call a general meeting other than
an Annual General Meeting on	583,487,507	95.22	29,310,852	4.78	76,146	612,798,359	78.59
no less than 14 clear days'
notice.

As at the date of the AGM, the number of issued ordinary shares of the Company was 3,119,033,863, which was the total number of shares entitling the holders to attend and vote for or against all resolutions. There was no share entitling the holder to attend and abstain from voting in favour of any of the resolutions as set out in rule 13.40 of the Hong Kong Listing Rules. In accordance with the Company's Articles of Association, on a poll every member has one vote for every four shares held, therefore the total number of voting rights was 779,758,465. Votes withheld are not votes in law and have not been counted in the calculation of the proportion of votes 'for' or 'against' a resolution. Proxy appointments which gave discretion to the Chairman have been included in the 'for' total.

There were no restrictions on any shareholders casting votes on any of the resolutions proposed at the AGM, save resolution 21. Directors (excluding independent non-executive directors) and their respective associates were required to abstain, and have abstained, from resolution 21 which affected a total of 719,266 voting rights. The scrutineer of the poll was Computershare Investor Services PLC, the Company's Share Registrar.

Copies of resolutions put to shareholders at the AGM today will be submitted to the UK Listing Authority and will shortly be available for inspection at the UK Listing Authority's National Storage Mechanism, which can be accessed at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

For further information, please contact:

Julie Gibson

Global Head, Media Relations 1 Basinghall Avenue London

EC2V 5DD

[phone]